posted on Aug, 20 2010 @ 08:50 AM
It is so sad how many people seem to just walk in line when they are told we are becoming a socialistic society, as if we ever embraced the true
concepts of laissez-faire capitalism. We are now neither socialistic nor capitalistic, it’s all a charade. Adam Smith, who many consider to be the
father of capitalism, wrote five books entitled “The Wealth of Nations”. Smith’s thesis is just a much a criticism of maritime mercantilism as
it was an idea of bringing a free market economy to the world. In Smith’s books he repeatedly criticizes how so much of the world’s wealth was
being controlled by just a few large trading companies. Sounds un-cannily familiar does it not?
Capitalism and Communism have one very unique commonality; neither has ever truly been put into practice. Communism evolved into a way for the very
elite to fool the masses into a belief all would be given to equally, while the reality became a complete dictatorship, forcing the elimination of the
middle classes, causing mass impoverishment. Capitalism has been used by TPTB with a similar myth: that we all have an equal chance to move up or down
the ladder of success. However, over the last few decades capitalism has died an unnoticed death. The current world economy is surrounded around
marketing techniques which are focused on the public purchasing items which are far below their presented values, while being produced in third world
nations often by very impoverished people resembling an early 20th century sweat shop, under either forced indentured labor or even child labor, and
no one seems to care, as long as they can save a buck on their I-pod! Believe it or not there was a time when people believed items had an equal
value to the labor production it took to make that item.
My grandfather told me once the difference from his generation and my generation is that his generation had what he called “consumer discipline”.
What did that mean? He said NO matter how cheap an item was; one, if it wasn’t made in America his generation wouldn’t buy it, and two, if it
didn’t have a union label his generation wouldn’t give two cents for it, no matter how great the product (labor unions use to work well at the
local level, it was the national offices which destroyed the trust most Americans had in them). However, at the present time the world is dominated by
multi-national corporations who seem to be only concerned with the profits they can make in the here and now, while convincing the overwhelming
general public organized labor is inheritably evil, even though labor unions are the last vestige which still promotes to “make it here, and buy it
here in America”. There is no doubt historically labor unions, when they dominated the landscape the middle class was vibrant and growing, and
contrastingly when their national offices started to become corrupt they should have been reformed, but instead the commercial oligarchies seized the
moment to end the dominance of organized labor.
Historically,entrepreneurs use to invest into the future, now they are only concerned on how to continually inflate their daily stock portfolios, with
no concern what their actions will do to future generations. How can we resurrect capitalism from the death chamber controlled by the commercial
oligarchies? True capitalism lies in the small business owners; until we learn this we will be destined to be ruled by the multi-national commercial
oligarchies of the present. While true capitalism will continue to lay dead in the grave. However, even if a very charismatic and strong leader
demanded the breakup of these large style commercial oligarchies, (which uncannily resemble the mercantile trading companies of the 18th century),
could you imagine the public relation resistance by these multi-national commercial oligarchies? Within a week that said individual would be
transformed from a person with great ideas to the most vilest person ever born on the face of the Earth.